China Kangda Food Co (HKSE:00834) Days Payable : 76.94 (As of Dec. 2023)

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What is China Kangda Food Co Days Payable?

China Kangda Food Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$378 Mil. China Kangda Food Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$896 Mil. Hence, China Kangda Food Co's Days Payable for the six months ended in Dec. 2023 was 76.94.

The historical rank and industry rank for China Kangda Food Co's Days Payable or its related term are showing as below:

HKSE:00834' s Days Payable Range Over the Past 10 Years
Min: 44.34 Med: 65.68 Max: 111.3
Current: 67.08

During the past 13 years, China Kangda Food Co's highest Days Payable was 111.30. The lowest was 44.34. And the median was 65.68.

HKSE:00834's Days Payable is ranked better than
68.84% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs HKSE:00834: 67.08

China Kangda Food Co's Days Payable increased from Dec. 2022 (35.22) to Dec. 2023 (76.94). It may suggest that China Kangda Food Co delayed paying its suppliers.

China Kangda Food Co Days Payable Historical Data

The historical data trend for China Kangda Food Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Kangda Food Co Days Payable Chart

China Kangda Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

101.23

44.34

46.83

46.84

68.32

China Kangda Food Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															48.55	45.64	35.22	54.93	76.94

Competitive Comparison of China Kangda Food Co's Days Payable

For the Packaged Foods subindustry, China Kangda Food Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Kangda Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Kangda Food Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Kangda Food Co's Days Payable falls into.

China Kangda Food Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

China Kangda Food Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (186.783	+	452.847)	/	2 )	/	1708.675	*	365
=	319.815					/	1708.675	*	365
=	68.32

China Kangda Food Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (302.486	+	452.847)	/	2 )	/	895.827	*	365 / 2
=	377.6665					/	895.827	*	365 / 2
=	76.94

China Kangda Food Co Days Payable Related Terms

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China Kangda Food Co (HKSE:00834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Kangda Food Co Ltd (HKSE:00834) » Definitions » Days Payable

Traded in Other Exchanges

P74:Singapore

Address

No. 8399, Binhai Boulevard, Huangdao District, Shandong Province, Qingdao City, CHN

Website

http://www.kangdafood.com

China Kangda Food Co Ltd is a diversified food manufacturing and processing group based in China. Its operating segments are the production and sale of processed food products, chilled and frozen rabbit meat, chilled and frozen chicken meat, and other products comprising chicken and rabbit meat by-products and pet food products. The key revenue is generated from the processed food products business. Geographically, the company operates in Japan, Europe, the People's Republic of China, and others. It generates a majority of its revenue from PRC.

Executives

Eternal Myriad Limited	2201 Interest of corporation controlled by you
Wu Jiming	2201 Interest of corporation controlled by you
Zenith Hope Limited	2101 Beneficial owner

China Kangda Food Co (HKSE:00834) Headlines

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